Supermarket for Sale

Business description

Established for 8 years with the current owner, situated in JHB CBD. A clean, well kept supermarket with bakery, deli and take away. The store is impeccable as it has been revamped on a yearly basis. The current owner is meticulous and has left nothing to chance. The equipment is of the highest quality and in excellent condition. With a curernt asset value of R4.5 million and running like a well oiled machine this business is ideal for someone looking for a well established business.

Property information

Real Estate:

Lease

Lease terms:

Lease expires in 2011 with a 10 year option to renew.

Location:

The store is located in one of the prime areas in JHB CBD. The store caters to numerous office buildings in the area as well as passing trade.

Other information

Expansion potential:

The business is very well established but one can look at capturing a wider market, possibly by providing catering services and deliveries to the corporate office buildings in the area.

Reasons for selling:

The owner is immigrating.

Trading hours:

Mon-Fri: 8am-5pm Sat: 9am-1pm Sun: Closed

Furniture / Fixtures value:

R4,540,000

Inventory / Stock value:

R350,000

Contact the seller